Ivana Trump’s cherished Manhattan townhouse was placed on the market last November following her passing in July 2022. Originally listed at a staggering $26.5 million, the Property failed to attract any buyers, prompting a new selling proposition at $22.5 million.

This $4 million “price adjustment,” presented by co-listing agent Adam D. Modlin from the Modlin Group, aims to entice a buyer seeking a “luxurious and opulent” residence in the heart of New York City. Positioned on a highly sought-after block on the Upper East Side, this property is designed for extravagant living, spanning six stories and encompassing over 8,700 square feet. Modlin highlights that the location offers a rare chance to possess a genuine piece of New York City’s history.

However, one might wonder why this highly desirable real estate is taking so long to sell. The steep price certainly plays a role, but the interior also requires extensive renovation. To be frank, Ivana’s extravagant design choices, such as a leopard-print living room and a pink-marble bathtub, may not appeal to everyone. Coupled with the lofty price and renovation expenses, it could prove too ambitious for a family seeking a move-in-ready residence.

Additionally, there is the lingering Donald Trump association, which has caused some New York residents to shy away from the property due to its connection to the former president. While Ivana and Donald Trump were once prominent figures in the city, a series of scandals took a toll on their reputation. Furthermore, Ivana tragically passed away in the home after a staircase fall, potentially dissuading some prospective buyers. Selling this property is undoubtedly a challenge, but the reduced price may rekindle interest and lead to a new owner with a vision.

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